Kinder Morgan (KMI) Raises Quarterly Dividend 6.7% to $0.48; 4.4% Yield
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Kinder Morgan Increases Quarterly Dividend to $0.48 Per Share, up 14%
April 15, 2015 4:05 PM EDTKMI on Track to Meet its Full-Year Dividend Target of $2 Per Share
Generated $206 Million in Cash Coverage in Excess of Declared Dividends in the Quarter
HOUSTON--(BUSINESS WIRE)-- Kinder Morgan, Inc. (NYSE: KMI) today announced that its board of directors approved an increase in its quarterly cash dividend to $0.48 ($1.92 annualized) payable on May 15, 2015, to shareholders of record as of the close of business on April 30, 2015. This represents a 14 percent increase over the first quarter 2014 dividend of $0.42 per share ($1.68 annualized) and is up from $0.45 per share ($1.80 annualized) for... More
